wndysrf Posted December 31, 2003 Report Share Posted December 31, 2003 Today marks the end of The Year of Accomodation. This year will go down in history as a rare year where stock market bulls, the Plutocrats, Wall Street Shills, Al Green, etc. got everything they wanted. The market offered no surprises, and accomodated everyone's wishes except for the bears. Larry Kudlow said the Dow would close over 10,000, and he got it. TheStreetCom Shills said Semi's would "lead the recovery" and they were correct. Wall Street Strategists were fully invested at the March lows gaming the "War Rally" and they hit an all time home run. Pension Plans borrowed money to invest in stocks, essentially gaming on margin, and in 9 months, 12 years of pension underfundings were erased. Al Green said force fed rate cuts would "enhance productivity" and "stimulate the economy" and he got his 8.2% GDP growth. Cramer said the collapsing dollar would be bullish for stocks and exporters like CAT closed at all time highs. He was correct. Glassman said the Dow would reach 36,000 and that the 3 year bear market was merely a small correction. So far, he's right. The U.S. Consumers were able to extend their buying binge even further, even after the most gluttonous decade in all of history. Joey Battipaglia, Ed Yardeni, and Abby "Planet of the Apes" Cohen said "stocks were cheap" in January this year, and they were correct. The Global Speculative Sphere defied the odds and doubled down on their SpreadTrade and Myriad Derivative Bets and succeeded. JunkBond players and Emerging Market Exotica speculators gambled heavily after the Enron collapse and the Argentina collapse and won big time. Giant bets of historic proportions were made, such as buying AMR calls at 10 cents a piece, and huge fortunes were made. Fumble Managers said they could gun the tape with constant Program Robot Buying and close the year on a record gain and they succeeded. All dips were bought 24/7, time and time again, in order to force the market up into a 1999-style meltup. The market accomodated and went up based on the sheer will and desire for a "New Bull Market". Stock bulls said terrorism didn't matter, anthrax didn't matter, margin debt didn't matter, earthquakes didn't matter, Mad Cow didn't matter, mudslides didn't matter, Parmelat Blowups didn't matter and they were correct. FRE and FNM embroiled into an epic scandal, yet regulators claimed that "FRE and FNM were "adequately capitalized", so both stocks caught bids and closed near or at the highs of the year. Crapvision Pundits said there was "no real estate bubble", and the market accomodated with the homebuilders and lenders closing at all time record highs. Tech stock action junkies refused to be shaken from 85% losses sustained on most of the 1999 - 2000 HeatMappers, and were able to "get even" by buying the tech stocks which had the absolute worst prospects and were on the verge of bankruptcy and riding them for 300% gains. Bloomberg guests like Liz Ann Sonders masquerading as Stock Shill but is really a former Glamour Queen from the Junior League said that "valuations don't matter" and she proved to be correct. Moneycast Asia anchorettes claimed that China, Japan, and Korea could overcome 7% debt as a percent of GDP, massive bank loan frauds, and record defaulted credit card debts and commence a historic growth boom and the markets played out just as predicted. Myriad Hedging Strategies, Complex Options Schemes, and Unlimited Pyramiding deemed to be "unsafe and unsound" investing strategies in the 1970's but huge success in the 1990's repeated their glorious performance into the 2000's. Imminent collapses, freefalls, waterfalls, were immediately arrested, always providing Johnny Come Lately Mo-Mo Investors a way out of their late trades. Spectacular gaps to the downside were always filled, rewarding "patient buy and hold" investors an easy exit point, no matter how late. New Age Economists hearalding the "Internet Economy", investing in Kevin Jamdis' "First One Out Technology Fund" scored the biggest wins of the year. In every month this year except for January, Program Robot Rescues virtually arrived on schedule to convert most J-Lo Saucer Bottoms into an end of session Meltup each time the 50-day averages were hit or every time a prior low was in danger of being taken out. No exceptions. What a year..... Link to comment Share on other sites More sharing options...
BudFox Posted December 31, 2003 Report Share Posted December 31, 2003 New Year's Resolution #1: Don't anticipate changes in trend! Happy New Year, fellow Stoolies! Link to comment Share on other sites More sharing options...
FeedFool Posted December 31, 2003 Report Share Posted December 31, 2003 I know some of u guys are wondering how America will suffer from inflation. Answer is quite simple. Funny money will end up back in America, which will be valued at lower rates. Process is already happening only the Asians bankers are stopping the process. I say 1,000% inflation that is known because it's much more than that. Have you ever wondered, as I used to, why don't we have more inflation than we have had? I knew they were creating this money like crazy, why only this inflation? And then I found out. Have you ever heard the expression that we're "exporting our inflation." Every once in a while you find that phrase in the financial section of the newspaper. It used to drive me crazy--how can you export inflation? It's one of those phrases that people use and I'm not sure most of the people who use the phrases know what they mean. Like the other day I read that the Federal Reserve System bought dollars today to bolster up the dollar. How can you buy dollars? What do you buy it with? They buy it with other currencies, the Federal Reserve holds a lot of different currencies, yens and deutsch marks and that kind of thing so they just swap currencies around. This expression of exporting inflation--what does that mean? It means 70% of the American currency that has been created by our Federal Reserve System is no longer in America, it's overseas. Other nations use American dollars as their unofficial money supply. Especially those countries which have no realistic money of their own. These countries that undergo inflation rates of 5,000 and 10,000% a year, you can't work with money like that. Women have to take wheelbarrows full of paper money to the grocery store to buy a bottle of milk. You can't carry on any serious economic transaction with money like that and they don't, they use American dollars. Link Here is the free money Hyper .............. Take care, Plenty of money is loaned to the government but never enough. Congress needs more money than that. They say not to worry. They go further down the street to the Federal Reserve building. The Fed has been waiting for them, that's one of the reasons it was created. By the time they get inside the Federal Reserve building the officer of the Fed is opening his desk drawer. He knows they're going to be there and he's ready and he pulls out his checkbook and he writes a check to the US Treasury for one billion dollars or whatever the amount is that they need. He signs the check and gives it to the treasury official. We need to stop here for a minute and ask a question. Where did they get a billion dollars to give to the treasury? who put that money into the account at the Federal Reserve System? The amazing answer is there is no money in the account at the Federal Reserve System. In fact, technically, there isn't even an account, there is only a checkbook. That's all. That billion dollars springs into being at precisely the instant the officer signs that check and that is called "monetizing the debt," that's the phrase they throw at you Link to comment Share on other sites More sharing options...
DrStool Posted December 31, 2003 Report Share Posted December 31, 2003 Uncle Fukui Catches Uncle Buck At Cliff's Edge Uncle Buck and the Long Bong Hit, including short and long term updated charts and price targets, is now loaded. Yields are high, and Uncle Buck is too. Take a subscribatory and get the latest whiff of the Long Bong Hit and Uncle Buck in the Anals RIGHT NOW! 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
DrStool Posted December 31, 2003 Report Share Posted December 31, 2003 Market Sets Up For Shocker They Have You Where They Want You Your Closing Anals Intraday are now posted. Take a subscribatory, open it and download it RIGHT NOW, along with everything else in your Anals!? 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
DrStool Posted December 31, 2003 Report Share Posted December 31, 2003 Free stool for stoolies, and all traders and investors.? Free email - Stoolmail.com. Choose from either @capitalstool.com, or @stoolmail.com. Up to 5 aliases and 5 mb storage.? Free webspace for traders and investors. Build your own financial website, or have a place to save your charts. 10 mb storage. Stoolcities.com.?? Link to comment Share on other sites More sharing options...
DrStool Posted December 31, 2003 Report Share Posted December 31, 2003 Happy New Year, Stoolies! At this time of reflection and reminiscence, I want to send a special greeting and many tanks to Mark (wndysrf), and to all the moderators who have volunteered their services to try and make the Stool a better place. To you folks, and to all the regular contributors to Mark to Market, Happy New Year, and many many tanks for participating in this wonderful community! 2003 has been a difficult year for bears, and we don't know if 2004 will get any easier. While this site is certainly about the business of making money, and many of you have done so in the precious metals stocks this year, the Stool is also about caring and community, caring about more than dollars and cents. It's about caring about values, old fashioned values, and sense, common sense. It's also about caring about people, both those who are with us today, and those who will follow. It's also about camaraderie, mutual respect, intelligent, thoughtful conversation, mutual support, and good, old fashioned, silly fun. These are the qualities of the people who make this place special, and different. Once again, I want to recognize you for that, and tell you how proud I am to be associated with each and every one of you, this year, and every year. To those of you who come and visit with us every day, but remain silent, I send my warm regards as well. I encourage you to speak up whenever you feel that you have something to say or ask. Registration for the board is easy, and you'll get the hang of posting in no time. I look forward to spending 2004 with all of you, and with the many new friends who will join us, and old friends who will return. So here's to the year gone by. Good riddance! And here's to the year ahead! Happy Stool Year to all and to all, a good stool! Your friend, Dr. Stepan N. Stool Link to comment Share on other sites More sharing options...
The End Posted December 31, 2003 Report Share Posted December 31, 2003 Happy new year stoolies. A new years wish--- Give me valuations I can buy, not these constant singles I keep having to hit to stay in the game. Link to comment Share on other sites More sharing options...
Bearman Posted December 31, 2003 Report Share Posted December 31, 2003 Great job all yr Mark! s-p futures closed @ 911 backwards 1109 eire Link to comment Share on other sites More sharing options...
Yaryman Posted December 31, 2003 Report Share Posted December 31, 2003 New Age Economists hearalding the "Internet Economy", investing in Kevin Jamdis' "First One Out Technology Fund" scored the biggest wins of the year. LOL. Mark, I don't know how you keep coming up with new zingers every day. Thanks. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted December 31, 2003 Report Share Posted December 31, 2003 Mark; A big thankyou for keeping a perspective on the madness and donating your time to the cause. I cant imagine the challenge it has been giving us all the gift of mark to market day after day in 2003. There are none that can match your telling it like it is. A very Happy New Year to you! Link to comment Share on other sites More sharing options...
machinehead Posted December 31, 2003 Report Share Posted December 31, 2003 The BARE (at right) zones out in the hot tub after another bang-up year for Haywire Theory. Happy New Year to all. Special thanks to Mark for the great M2M column. Link to comment Share on other sites More sharing options...
mjkst27 Posted December 31, 2003 Report Share Posted December 31, 2003 The BARE (at right) zones out in the hot tubafter another bang-up year for Haywire Theory. Happy New Year to all. Special thanks to Mark for the great M2M column. now MH be careful, BAREasster has recently been prone to lash out against ad hominem pokefunnery at his expense. Watch yer back! BTW Who's that at left??? Link to comment Share on other sites More sharing options...
Bearbones Posted December 31, 2003 Report Share Posted December 31, 2003 Missed the action today as I went to view another fantasy-Lord Of The Rings. I want to thank Mark, fellow stoolies and, of course Doc, for providing the truth seekers with a place to go far from the madding crowd. May we all keep our heads, and our money, when all others lose theirs. Link to comment Share on other sites More sharing options...
anotherone Posted December 31, 2003 Report Share Posted December 31, 2003 now MH be careful, BAREasster has recently been prone to lash out against ad hominem pokefunnery at his expense. Watch yer back! BTW Who's that at left??? Hypertiger or Bearman. Link to comment Share on other sites More sharing options...
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